Hobson: Woodford Suspension Shows Danger of Open-Ended Funds

The Week: Investment trusts should be the go-to investment option, especially for less-experienced investors, says Morningstar columnist Rodney Hobson

Rodney Hobson 7 June, 2019 | 9:30AM

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What’s in a Name?

Few stories in investing have been sadder than the dramatic downfall of investment manager Neil Woodford, the one-time superstar who has now been forced to prevent his disillusioned followers from withdrawing cash from his flagship fund. One hopes that he has learnt some brutal lessons. Investors should also learn from his story.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Chemring Group PLC191.00 GBX0.53

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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